Hi

Looking for a very simple, easy-to-use payday loan, installment loan, car title loan annual percentage calculator? You can solve for any unknown with this one!

Use our “Loan Calculator” to compute any 3 unknowns.

Prefer to check it out online? Click to Read

• Simply hit your “Tab Key” on your keyboard after entering the number you know in each field.
• Enter the “Loan Amount.” Example? 300 to represent $300
• Enter the “Finance Charge.” Example” $15. This is the fee charged by your payday loan lender for every $100 borrowed. [So, if your payday loan lender charges you $15 per $100 loaned, you would enter $45 IF you borrow $300.
• Enter the “Loan Term.” Example? 14 days. Enter how many days into the future your loan is due.

This is the link to the Calculator: Click

It’s often a challenge to compute what the APR [Annual Percentage Rate] of a typical loan is.

Payday loan lenders are particularly attacked for having outrageous APRs.

But! When compared to late credit card fees, utility bill reconnects, bank SATM fees… payday loan annual percentage rates often don’t look so bad.

Here are a few examples of crazy APRs for related services:

And here is a beautiful explanation of how “TIME” and not the loan fee or the amount of your loan impact the Annual Percentage Rate of your loan:

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